XRP Exchange Flow Shifts as Bybit Deposit Wave Ends, Binance and Coinbase Turn Negative

TLDR: Bybit’s XRP transaction delta returned close to zero around May 16, ending a month-long deposit trend. Sustained deposit activity on Bybit from mid-April to mid-May signaled potential sell-side pressure. Binance and Coinbase have shifted back to negative delta, meaning withdrawals now outpace deposits. The metric tracks transaction count, not token volume, offering a directional [...]

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